Federal Reserve Hamak: Don't take for granted that inflation expectations have stabilized. The fact that companies plan to raise prices exceeds the increase in investment costs is a sign that the “inflationary mentality” is solidifying. A stable labor market leaves room for dealing with inflation. Energy is not the only factor; strong demand is also driving price pressure.

Federal Reserve Hamak: Don't take for granted that inflation expectations have stabilized. The fact that companies plan to raise prices exceeds the increase in investment costs is a sign that the “inflationary mentality” is solidifying. A stable labor market leaves room for dealing with inflation. Energy is not the only factor; strong demand is also driving price pressure.